To carry out its assigned functions, the board is authorized but not limited to:

1. (A) assess the critical child abuse and neglect prevention needs of children in cooperation with state agencies, establish priorities, and develop goals and objectives for the Trust Fund;
2. (B) receive gifts, bequests, and devises for deposit and investment into the Trust Fund and for awarding grants to private nonprofit organizations;
3. (C) invest Trust Fund monies;
4. (D) solicit proposals for programs which will be aimed at meeting identified child abuse and neglect prevention needs;
5. (E) provide technical assistance to private, nonprofit organizations, when requested, in preparing proposals for submission to the Trust Fund;

6. (F) establish criteria for awarding of grants for child abuse and neglect prevention which shall include the consideration of at least:

   1. (1) the priority of the service need that the proposal addresses;
   2. (2) the quality and soundness of the proposal and its probable effectiveness in accomplishing its objectives;
   3. (3) a cost-benefit analysis of the project;
   4. (4) the degree of community support for the proposal;
   5. (5) the utilization of local resources including volunteers, when appropriate, and matching or in-kind contributions which may be, but are not required;
   6. (6) the qualifications of employees to be hired under the grant;
   7. (7) the experience of the proposed project administrators in providing on- going accountability for the program.
7. (G) enter into contracts for the awarding of grants to private nonprofit organizations for child abuse and neglect prevention.